Group and history

AS AVH Grupp is an Estonian capital-based company that unites several enterprises into a single consolidated group. Our core business operations are conducted through AS Alexela and its subsidiaries, including SIA Alexela in Latvia.

Energy is the heart of our operations, represented by AS Alexela, which provides modern and sustainable energy solutions.

Additionally, AS AVH Grupp holds a stake in B2G Grupp OÜ. Although it is not part of our consolidated group, this partnership allows us to maintain a presence in other strategically important sectors, such as metalworking, industry, and oil shale chemistry.

We take pride in our broad scope of activities and clear strategic direction – developing sustainable solutions for the energy and industrial sectors across the Baltics and globally.

We provide the power

We recognize that as a large-scale enterprise, we play a vital role in the economies of Estonia and Latvia, as well as in the lives of the local communities. Therefore, we proudly support culture, education, sports, and charity – fields that build a strong and cohesive society.
Our goal is to make the world a better place. Join us – let’s do it together!

1990

Establishment of AS Bestnet, which started producing trailers (TIKI trademark). Subsidiaries in Scandinavia and Russia were established a few years later and nowadays the products are marketed in another 10 countries.

1993

Establishment of fuel retailer AS Alexela Oil, which by today has grown into one of the largest petrol station chain in Estonia with 63 filling stations.

1998

Start of the construction of the petroleum product terminal in Paldiski. The terminal was launched in 2002 and its fifth extension was completed in 2008.

2006

Establishment of the technologically ultra-modern AS Paldiski Tsingipada, which offers hot dip galvanising services to Estonian and Scandinavian clients.

2007

Start of the establishment of the petroleum product terminal in the Sillamäe free zone, where goods can be handled from tankers, lorries and tank cars.

2009

Establishment of AS Balti Gaas with the intent to develop liquefied natural gas (LNG) terminal on Pakri peninsula.

2011

Acquisition of AS Reola Gaas and start of active development of the area of environmentally friendly transportation fuel.

2012

Acquisition of 50% holding in AS Kiviõli Keemiatööstus, which made developing the production of shale oil an important activity for the company. The company entered the open electricity market as the creator and co-owner of Elektrimüügi AS (elekter.ee).

2014

Acquisition of 100% holding in Reola Gaas, Kiviõli Keemiatööstuse and Gasum Eesti AS.

2017

Establishment of Hamina LNG which is a joint venture between Hamina Energy Ltd, Alexela and Finnish listed technology company Wärtsilä. Hamina LNG was established with the intention to operate an LNG import terminal in the Port of Hamina. The intention is to connect the terminal to the local gas network of Hamina and the Finnish national gas grid. The terminal will open the gas import market in Finland.

2018

Acquisition of Kohimo and Helon Kuumasinkitys. Establishment of Rohe Solutions which is a joint venture of Hamina Energy and Alexela. The main business of Rohe Solutions is selling and transporting LNG. Acquisition of 220 Energia, gaining extra share in electricity and natural gas market in Estonia. Entering Latvian electricity and natural gas market

2019

A service station with the world’s most versatile range opens in Jüri, near Tallinn.

2020

Alexela sets a goal to achieve carbon neutrality by 2030 and launches its Community Program.

2021

Alexela and AS Infortar open a green filling station in Oisu, Järva County.

2022

The Hamina LNG terminal begins operations – marking the largest direct investment in Finland in Estonian history.

2022

In cooperation with AS Infortar, the construction of the Paldiski LNG floating terminal quay is completed in record time.